IST:ALGYO Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Net Income	560.56	445.95	1,862	1,243	1,266	330.19	Upgrade
Depreciation & Amortization	1.28	1.45	1.65	1.25	0.05	0.02	Upgrade
Gain (Loss) on Sale of Assets	-0.04	-	-0.69	-38.09	-	-	Upgrade
Asset Writedown	-772.41	-772.41	-1,580	-1,375	-715.29	-149.7	Upgrade
Change in Accounts Receivable	-6.06	120.43	-57.79	122.89	-115.65	10.3	Upgrade
Change in Accounts Payable	199.33	-15.94	14.51	6.3	1.59	2.79	Upgrade
Change in Other Net Operating Assets	203.82	184.07	-220.81	-112.35	32.99	-2.13	Upgrade
Other Operating Activities	1,261	922.64	250.27	423.38	84.97	-274.82	Upgrade
Operating Cash Flow	1,448	886.19	269.28	271.68	554.97	-83.37	Upgrade
Operating Cash Flow Growth	20.91%	229.10%	-0.88%	-51.05%	-	-	Upgrade
Acquisition of Real Estate Assets	-2,554	-1,460	-904.99	-152.83	-451.98	-3.19	Upgrade
Sale of Real Estate Assets	0.14	-	-	73.76	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-2,554	-1,460	-904.99	-79.07	-451.98	-3.19	Upgrade
Cash Acquisition	-	-	-	-263.17	-49.47	-	Upgrade
Other Investing Activities	46.37	56.98	91.25	60.21	32.97	15.2	Upgrade
Investing Cash Flow	-2,508	-1,403	-813.75	-284.16	-468.58	12	Upgrade
Long-Term Debt Issued	-	1,054	720.74	205.64	-	-	Upgrade
Long-Term Debt Repaid	-	-326.18	-33.83	-6.29	-1.92	-1.76	Upgrade
Net Debt Issued (Repaid)	-207.37	727.46	686.91	199.35	-1.92	-1.76	Upgrade
Repurchase of Common Stock	-	-	-14.76	-25.86	-	-	Upgrade
Common Dividends Paid	-	-8.1	-221.05	-208.67	-49.32	-38.77	Upgrade
Foreign Exchange Rate Adjustments	-17.9	-28.53	19.39	144.04	77.2	-	Upgrade
Miscellaneous Cash Flow Adjustments	-77	-76.96	-210.1	-73.43	-	-	Upgrade
Net Cash Flow	-1,361	97.28	-284.09	22.94	112.36	-111.89	Upgrade
Cash Income Tax Paid	4.73	7.01	4.18	1.83	0.95	-	Upgrade
Levered Free Cash Flow	58.82	200.41	-207.17	-102.39	-31.13	21.73	Upgrade
Unlevered Free Cash Flow	267.13	342.28	-201.57	-101.15	-30.5	22.58	Upgrade
Change in Working Capital	397.09	288.56	-263.93	16.74	-81.06	10.96	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.